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This is one of the most difficult types of structures as far as agency law is concerned because an LLC can resemble a sole proprietorship or a corporation depending on the structure and daily management. There are many variations in the way an LLC is managed.
There are two basic types of corporate entities, an S corporation and a C corporation. An LLC, S corporation, and a C corporation can act as entities in and of themselves. The differences between the S. And C corporation have to do with tax structures, but in many other aspects they are identical. They have the right to conduct business as if they are separate from the individuals within them. This means that the corporation can also incur legal liability arising from the actions of one of its representatives (Thompson, 2003). These are the basic forms of corporation in the United States. However, there are other differences in other countries around the globe. The ways in which these entities are defined in terms of agency law differ as well.
E-business and the Global Legal Environment
These differences in the application of agency law in the e-business environment have led to the formation of several sets of International laws and agreements. The Uniform Electronic Transactions Act (UETA) applies to transactions where the computer itself acts as an agent and responds to consumer requests, such as an auto responder. The federal Electronic Signature in Global and National Commerce Act defines...
There are many sets of International agreements that have arisen from e-business and agency law. The American Arbitration Association is an organization that helps businesses operate under the relevant bodies of legal agreements that may impact a transaction (AAA, 2006).
The effectiveness of any legal doctrine is in its ability to produce outcomes that are acceptable to all parties. The outcomes must agree with the precepts of basic human morality and the common good. Legal doctrines arise from necessity. Legal doctrines are dynamic and must be constantly updated to meet the needs of society. The only thing for certain is that agency law will continue to change as these changes in society and the global marketplace reach maturity in the future.
Works Cited
American Arbitration Association (AAA) (2006). International Dispute Resolution Procedures (Including Mediation and Arbitration Rules). Amended and Effective 1 May, 2006. Retrieved September 30, 2006 at http://www.adr.org/.
Demott, D. (2006). Agency Law in Cyberspace. In Press. Australian Law Journal 80. Retrieved September 30, 2006 at http://eprints.law.duke.edu/archive/00001322/01/80_Aus._Lw._J.pdf.
Thompson, Robert B., "Agency Law and Asset Partitioning." University of Cincinnati Law Review, 2003 Available at SSRN:
http://ssrn.com/abstract=429620or DOI: 10.2139/ssrn.429620.
Works Cited
American Arbitration Association (AAA) (2006). International Dispute Resolution Procedures (Including Mediation and Arbitration Rules). Amended and Effective 1 May, 2006. Retrieved September 30, 2006 at http://www.adr.org/.
Demott, D. (2006). Agency Law in Cyberspace. In Press. Australian Law Journal 80. Retrieved September 30, 2006 at http://eprints.law.duke.edu/archive/00001322/01/80_Aus._Lw._J.pdf.
Thompson, Robert B., "Agency Law and Asset Partitioning." University of Cincinnati Law Review, 2003 Available at SSRN:
http://ssrn.com/abstract=429620or DOI: 10.2139/ssrn.429620.
Border agents will be allowed to make arrests on city streets, by Gregory Alan Gross, San Diego Union Tribune, August 16, 2003. An order that angered many San Diego-Based Border Patrol agents and caused a firestorm of public outcry from conservatives, anti-immigration activists, and "law-and-order" advocates, has been rescinded by higher-ups in Washington, D.C. It is now legal again for the 1,600 Border Patrol agents who work for the San Diego
Among the strengths of this strategic plan are its ability to collect data in a broad manner of ways, from interviewing individuals, using biometrics such as fingerprints and iris scans, and using various electronic means. By combining these different techniques and by having such a broad purview, the agency is capable of being able to have the necessarily broad view of the ways in which people and goods enter and
Large quantities of drugs have slipped across the border in large propane tanks, hazardous materials containers, canned food, and drums of jalapeno peppers. One example of the increasingly innovative ways traffickers are smuggling drugs occurred when traffickers smuggled drugs from Mexico, into the United State, and then further into Canada concealed in a special mold of porcelain toilets. Clearly, the present DEA budget is no match for the virtually
This is troubling because, it means that in spite all of the different efforts to disrupt supplies; they have continued to remain strong. As a result, this is showing how the policy approach that has been taken is a failure, by not having any kind of effect on reducing the total amounts of Cocaine on the street (as the level of prices is an indication of this supply). The
Mexico U.S. Drug Trade Border The challenges of an extremely volatile economy are significant in any culture or population but one of the starkest situations today is the extreme variation between the economies of Mexico and the United States, which shares a 3,000-mile long border. The variations of the economies are so extreme and poverty is such a challenge in Mexico that hundreds of thousands and possibly millions of people cross
United States, the scope of responsibilities of a sheriff varies across states and counties. The sheriff is most frequently a chosen/elected county official, serving as the arm of the parish court or county. However, some cities, a good example being the Commonwealth of Virginia, have a sheriff's office with dual purpose as the arm of the city jail and court. The sheriff can also perform court duties. These may